Fort Collins medical office sells for $1.6M

Fort Collins medical office sells for $1.6M

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Med Peds Properties LLC was the seller and Snow Mesa 4674-2 LLC, which Colorado Secretary of State records show is registered to an address in Timnath, is listed as the buyer.

The medical offices are fully leased, according to Cushman & Wakefield, which represented the buyer. UCHealth is one of the major tenants.

“This acquisition provided the buyer with a solid investment in a good tenant with a fantastic location,” Brian Mannlein, Cushman & Wakefield Fort Collins director, said in a prepared statement. “Having a medical office in southeast Fort Collins continues to be a desirable product for investors, and having a long-term lease with UCHealth only bolstered the deal.”